M.L. Dyeing & Textile Ind Balance Sheet Health
Financial Health criteria checks 3/6
M.L. Dyeing & Textile Ind has a total shareholder equity of BDT3.1B and total debt of BDT205.7M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are BDT3.5B and BDT478.9M respectively. M.L. Dyeing & Textile Ind's EBIT is BDT15.8M making its interest coverage ratio 2.8. It has cash and short-term investments of BDT137.6M.
Key information
6.7%
Debt to equity ratio
৳205.74m
Debt
Interest coverage ratio | 2.8x |
Cash | ৳137.63m |
Equity | ৳3.06b |
Total liabilities | ৳478.91m |
Total assets | ৳3.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLDYEING's short term assets (BDT746.8M) exceed its short term liabilities (BDT323.5M).
Long Term Liabilities: MLDYEING's short term assets (BDT746.8M) exceed its long term liabilities (BDT155.4M).
Debt to Equity History and Analysis
Debt Level: MLDYEING's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: MLDYEING's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Debt Coverage: MLDYEING's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: MLDYEING's interest payments on its debt are not well covered by EBIT (2.8x coverage).